11:38 AM EST - Vitran Corp. Inc. : reported fourth-quarter net loss of $3.2 million U.S. or $0.23 U.S. per share, compared to net income of $1.7 million U.S. or $0.12 U.S. per share in the year-ago quarter. The latest quarter results included one-time non-cash, $900,000 U.S. write-off of previously capitalized syndication costs related to the bank amendment. Revenue for the quarter was $154.2 million U.S., down 11.5 per cent from $174.3 million U.S. in the prior year period. Analysts had a consensus revenue estimate of $171.06 million U.S. for the quarter. Vitran Corp. Inc.
shares T.VTN are trading down $0.44 at $5.41.
